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three in israel. the u.n. warns netanyahu to avoid a new cycle of blood shed. and president obama throwing down a challenge to congress as he gets set to begin critical budget talks on friday. >>> i want to bring you the italian gdp figures. italy is just the latest p second quarter figures were revised higher to 0.7 contraction from 0.8. third quarter gdp looks like it's fallen 0.2% on the quarter. that's better than was expected. it was expected to fall by about half a%. it is down 2.4% on the year. we'll get the rest of the eurozone figures out at the top of the next hour. >>> also coming up, we'll be live in beijing with updates throughout the show as xi jinping it takes over as the head of the communist party. we'll be in frankfurt for a look at how that economy has been affected. gdp showing a slowdown for germany in the third quarter. and we'll hear from the former head of the council of economic advisers austan goolsbee on how the u.s. can avoid falling off the fiscal cliff. plus we'll take you live to tokyo with japan hit by election fever. the yen is falling as a repeate
-- perhaps israel -- would face. they've already tested their missiles to show what a retaliatory strike on tel aviv would be. these drills also have the intended consequence of raising the price a little bit. the iranians are saying, okay, it's going to cost more if you bomb us, therefore, if we come to the negotiating table, we want more. and this all has to be looked at in the prism, if you will, of u.s./israel relations after the elections here. the prime minister here in israel, prime minister netanyahu, and president obama have a very icy relationship. the prime minister all but endorsed governor romney in the past election, and there's been a lot of fear here that now a second term president obama will take a much tougher line against israel when it comes to iran, when it comes to the palestinians. there has been some vocal, hostile, very negative reaction here by israeli politicians to president obama's re-election, and there's a lot of anger at the prime minister for making israel and the united states' support of israel a partisan issue, a political issue during the presidentia
begin in the middle east. this morning efforts to end the fighting between israel and hamas have so far come up short. fighting rages on both sides of the border. secretary of state hillary clinton held a late night meeting with the israeli prime minister. this morning she met with palestinian president. later today she will be in cairo to meet with world leaders. palestinian gunmen shot and killed six men they say were collaborating israel and dragged one body behind a motorcycle. susan mcginnis is watching all of this. >> reporter: good morning. once again there were signs of a deal and, again, they slipped away. now in cairo, secretary clinton will meet with officials who are in contact with hamas and now talking about a deal she says in the days ahead. as truce talks continue so does the violence. this is what cbs reporter charlie d'agata saw from his gaza city hotel early this morning. the israeli military launched dozens of air strikes overnight and this morning. and hamas militants have launched more than 100 rockets into israel in the past 24 hours. five israelis and more than 1
war, israel has fired on syria. on sunday a mortar round from syria landed near an israel border outpost. there were no injuries. israel fired a warning shot in retaliation. israel officials acknowledge the mortar was not aimed at israel and was a by product of the syrian civil war. when we come back, explosion investigation. a massive blast in indianapolis killed two people and damages dozens of homes. this is the morning news. dozens of homes. this is the morning news. [ female announcer ] imagine skin so healthy, it never gets dry again. can your moisturizer do that? [ female announcer ] dermatologist recommended aveeno has an oat formula, now proven to build a moisture reserve, so skin can replenish itself. that's healthy skin for life. only from aveeno. ♪ i got it made, i got it made ♪ ♪ i got it made fresh at subway ♪ ♪ breakfast made the way i say ♪ [ male announcer ] at subway, you got it made. try a steak, egg white & cheese, tricked out any way you want. subway. eat fresh. [ male announcer ] it's that time of year again. medicare open enrollment. time to com
, including baghdad and kirkuk. israel and palestinian leaders in gaza have agreed to attack -- agreed to a tacit truce following days of violence in the gaza strip. at least seven palestinians have been killed in israeli attacks on gaza since saturday. eight israeli civilians have also been wounded by palestinian rockets. the temporary ceasefire was brokered by the egyptian government, but both sides say they're prepared to resume attacks if it fails. the united nations general assembly has voted overwhelmingly to condemn the u.s. embargo against cuba for the 21st year in a row. the final vote was 188 to 3, with only israel and the pacific island state of palau joining the united states. u.s. envoy abroad -- robert goddard urged fellow general assembly delegates to reject the measure. >> this resolution also serves to distract the real problems facing the cuban people, therefore, my delegation will oppose it. we encourage this body to support the desires of the cuban people to determine their own future freely. by doing so, it would truly advanced the principles of the united nations
recovery. >> international pressure mounts for israel and gaza to agree to a cease-fire after a weekend of air strikes leave a dozen dead and hundreds injured. brent continues to climb with gold going higher. >> the president and congress will strike a deal to restore the fiscal cliff. over the weekend in asia, the president said he's confident we can get the fiscal situation confident and reached out to ceos including tim cook, warren buffett and jamie dimon. after top house and senate leaders say friday's meeting was constructive. we see headlines that may bring news to other companies. intel ceo paul otellini to retire. >> during this period where a lot of companies moved toward mobile, was not pioneer mobile. arm holdings to go a bunch of shares. this may be a positive -- viewed as positive for intel. >> they will conduct a search or process to choose otellini's successor. will consider internal and external candidates. he's been at the company for 40 years. only the fifth ceo in 50 years. a company has had long service from those in its ceo position. again, he will step down at the
to broke aerodeal between israel and hamas. strikes on gaza and rocket attacks into israel continue. >> you're watching "worldwide exchange," bringing you business news from around the globe. >>> all right, we're into hump day, the day before thanksgiving, of course, as well. on today's show, we'll have updates from athens and brussels as the eurozone ministers fail to ruse a deal for greece. air strikes and rocket fire continue in the gaza strip in tel aviv, as hillary clinton urges both sides to diffuse violence. we'll have the latest live from zree israeli. we'll also take the pulse of the polish country. analysts from warsaw 40 minutes from now. >>> we'll be in providence, rhode island, to preview travel ahead of the thanksgiving holiday with the head of operations at peter pan bus lines. >>> but first, after nearly 12 hours of talks, eurozone finance ministers have failed in their quest to agree conditions that would have allowed the next chance of bailout cash going to greece. what's next? what's gone wrong? we'll be joined by jules in athens in a few minutes. but let's start off with
'm neutral on the stock, i think it's currently overvalued at its current price. >> israel launching a major defense against palestinian militants in gas sachlt we'll take you live to gaza, plus the impact it could have on the energy prices here in the u.s. >>> citi shares trading well below book value and several share holders requesting the board do a breakup of it's shares. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> let's get to a market flash. >> we're looking at some of the s&p lows today, a number of energy names there. a couple of headlines crossing th that -- on a civil complaint charge there, of course the utilities have been under a lot of pressure, guys, since
in israel with a bomb explosion on board a bus today and a rumored cease-fire that never happened. crude is up $1 as the secretary of state has arrived in cairo. a big day full of planes, trains and automobiles with tens of millions of americans set to embark on their holiday weekend journeys. our phil lebeau is in chicago with more on the holiday travel landscape. how painful is it going to be? >> you know, carl f you're traveling, you always need a little more patience thanksgiving weekend. for the airlines, they're keeping their fingers crossed because if you look at a map of the united states, you really don't see any major storm systems. that means if it's a smooth weekend, you talked about this being important to the profitability of fourth quarter, that's certainly good news for the airlines. take a look at the number of people who will be traveling this thanksgiving weekend. just under 44 million people. that's a slight increase from last year. the average amount they're spending, that's down 10%. less than $500. why? in large part it's because fewer people are flying. they're no
was poisoned by israel. that is something that israel denies. lastly now, arafat's successor mahmoud abbas, had to authorize the exhumation that took place today but he was not there when it got underway. he is now on his way to new york to attend a session of the united nations. he is expected to attend the general assembly later this week on thursday. and to ask that the status of the palestinians be upgraded to nonmember observer state. that is something that israel and the united states hasn't indicated, they have indicated they will oppose. jenna? jenna: big story there and one to watch for sure. david lee miller in jerusalem, thank you. jon: and one of the big domestic stories, the fiscal cliff negotiations underway right now. entitlement reform is a big part of those negotiations. republicans say the nation must make adjustments to those costly programs. in exchange they say they're willing to compromise on taxes but so far no word from democrats. why? we have a fair and balanced debate next. >>> plus the supreme court breathing new life into a challenge to the health care law. the lates
in the last eight years that israel poisoned the 75 year old leadership . israel denies the claim. spoonful of medicine washed down by grapefruit juice could kill you . the list is growing from 17 to 43. on it lipitor. the problem chemical in grapefruit that messes up how your body breaks down drugs. it could basically cause a drug overdose. >> record powerball jackpot could get bigger. there is a frenzy of ticket sales since sunday and lottery officials are boosting the jackpot to make the decision today. the drawing, whew. i have time to buy a ticket is ternal night. >> astronaut mark kelley's twin brother will attempt the longest space flight. kelley is set to spend a year on the international space station. the mission to look at how long periods of time in space affect the body. i guess a year will do that. both men spent six monthses in the space station. >> brian: i hope it is a compatable cosmonaught. >> gretchen: maybe he speaks russian. >> steve: and talking about the fiscal cliff. the private talks are accelerating. and the president of the united states called mr. boehner and mr
're still watching what is happening in israel and gaza. the conflict there and uncertainty remains. focal point of many traders. the reason why perhaps we're not pulling back even further although many are anticipating we are going to see an increase in u.s. crude oil supplies when the energy department reports its numbers tomorrow. we'll monitor israel's situation because that's likely to have a very important effect on the oil price in this session. gold continues to trade in a range here. ubs saying there needs to be a significant breakout in this range for oil to have true momentum and on this short holiday week, it appears that many traders are just trying to cover their short positions and not really taking out new bets a at the moment but there are some taking out significant bets and there have been reports that george and john have added to their gold holdings. we have reported that gold etf holdings are at record levels. there are many that want to be in this complex but of course still right now we are looking at a slight pullback in the gold price right around 1730 an ounce. >
. >>> there is is an encouraging sign that the count cease-fire between israel and the hamas militant group will hole. in the gaza strip, they announced it would be a sin for anyone who violates the truce. they issued a religious he had dike and it helps legitimize the cease-fire. the agreement remains fragile as nothing has been worked out other than the cease-fire. >>> israel is the target of another militant group. hezbollah is warning they will fire rockets into tel aviv if a war breaks out. they fought against hezbollah in 2006. >>> we are learning about a plane crash that killed a danville man. russell hackler was killed when his single engine plane crashed into the hillside of the airport. hackler was the only person on board the plane. >> he said, you know, if i check out tomorrow, i have had a full life. i have done everything i want. i enjoyed myself. i am happy. and it is all been good. >>> the faa is looking into the cause of the crash. >>> black friday sales appear to be down but the early start may be to blame. the shopper track found they spent $11.2 billion on black friday. that is down 1.8% from
to congratulate him. it includes the prime minister of israel, nato secretary general king abdullah from saudi arabia. i could go on. i'm sure we'll hear about his day later on this afternoon. and no doubt taking meetings with staff about some of the upcoming items on the agenda, brooke. >> speaking of those items, jessica yellin, folks are hoping that maybe the election ushers in a season of change and less gridlock and problem solving. what did the white house make of john boehner saying that he haen the republicans, they're ready and willing for the president to take the lead, trying to head off the january tax increase plus the automatic military, the other spending cuts that the so-called fiscal cliff? >> reporter: look. everybody is expecting to head in to negotiations on this quickly. there's full plans here at white house for quick entrance to in to the discussions and the president has no plans, brooke, to give any kind of major speech, any kind of address on economic policy or on the fiscal cliff and their view that the president laid out his rigs for a grand bargain for the negotiat
of israel that israel has conducted a military action killing a senior hamas leader. an air strike in the gaza area killed the head of the hamas military. one of the things a number of traders heard about that earlier but one thing is an israeli military spokesman says this is the start of a broader operation. so that is one of the things. it seems to have the market a little bit on edge and has them bidding up oil at this hour. the one trader i talked to said between the tensions between israel and hamas if we'll see that spiking up obviously israel and syria over the last few weeks, that's better than israel and iran. back to you. >> that's true. bertha, thank you very much for that. congratulations if you are hold cisco shares coming into this session. they are experiencing a good bump on last night's results. we'll talk about what they are doing right and whether risks lie ahead next on the program and who would be affected the most if we go over the fiscal cliff? we'll get up close and personal with the cliff and as we head toward the break, another fiscal cliff fact. >> if la
's relationship with, israel. a live report from jerusalem on that, martha. martha: with the election over both sides are talking about compromise on capitol hill right now. can we expect that? as washington comes back and gets down to business. tell me what you think about that. send me a tweet @marthamaccallum. can we expect some deal-making? we'll be back. are you receiving a payout from a legal settlement or annuity over 10 or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios bill: there is new violence in the streets of athens, greece. watch here. the [shouting]. bill: rioters are back and out in force on the streets of athens hurling firebombs at police as the parliament there okays new austerity measures to get hands on vital bailout money, money that it needs. amy kellogg live in london this. amy? >> reporter: bill, as you can see the situation is bad. that is violence that flared
's the front page of the boston globe this morning -- clinton was dispatched by president obama to israel and is meeting today with egyptian officials and palestinian officials as well. the headline from the tribune -- late tuesday night clinton met with benjamin netanyahu in jerusalem and plans to go to the west bank on wednesday. clinton is preparing to step down early next year. one story this morning, some breaking news from jerusalem. this is according to a dap. really rescue services said there have been explosions on a bus across the military headquarters in tel aviv. the agency says at least 10 people were injured in wednesday's blast. the explosion comes amid an ongoing israeli operation rollers.aza's hamas so, more information on that incident probably coming later today. but we are taking your calls this morning on your confidence in the economy, your thoughts on the fiscal cliff, and how you are preparing for that. marc is from 0 highfill on our independent line. -- from ohio. caller: good morning. i'm a person who believes we need to do something radical, which a lot of peopl
. cnn's sarah reports from northern israel. >> reporter: every morning 80-year-old roth gets his medicine, stuffs it in his pipe and smokes it. he is using medical marijuana, also known as cannabis. how does the cannabis make you feel? >> good. >> reporter: he is a holocaust survivor and author and painter whose hands started shaking so much he couldn't work anymore. >> translator: my heads r hands are now steady. i can hold things like tea. >> reporter: the cannabis also makes him high because of the psycho active effects of the substance thc in the plant. for those who use medical marijuana the high they experience is the price for the reported help it gives to cancer patients on chemotherapy or others suffering from everything from parkinson's disease to pain. rifka thought marijuana just got people high until she was prescribed a new strain of the plant and tried it. two spoon fulls a day with her other medications. she says the pain that left her wheelchair bound began to be relieved without leaving her lethargic. outstanding. i was turned into a different person. i was resu
say up to 16 people were killed. yesterday, israel fired on syrian artillery after syrian mortar rounds fell. >>> coming up, officials try to narrow down the cause of a deadly explosion in indianapolis that nearly took out a whole neighborhood. this is the "cbs morning news." neighborho this is the "cbs morning news." [ timers ringing ] [ male announcer ] it's that time of year. time for campbell's green bean casserole. you'll find the recipe at campbellskitchen.com. ♪ campbell's. it's amazing what soup can do. ♪ capella university understands back from rough economic times. employees are being forced to do more with less. and the need for capable leaders is greater than ever. when you see these problems do you take a step back, or do you want to dive right in? with a degree in business from capella university, you'll have the knowledge to go further in your career than you ever thought possible. let's get started at capella.edu a great clean doesn't have to take longer. i'm done. i'm gonna read one of these. i'm gonna read one of these! [ female announcer ] unlike sprays and
at the u.n., folks. palestinians get a big reward from that organization. how the u.s. and israel is reacting to that move. we'll tell you. martha: plus everyone from president obama to rapper jay-z is on "time" magazine's short list for person of the year but what does it say about leadership and who we are looking to in america right now when this south korean internet sensation is a serious contender for the magazine's cover page? ♪ . [ malannouncer ] it'that time of year again. time for cii price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supp
, 18,500 jobs thereabouts gone. a terror attack inside israel. a bomb on a bus in tel aviv. ten injuries reported. secretary of state clinton is in jerusalem and she goes to cairo today. this is "varney & company," an all star, pre-holiday lineup. here we go.  >> top story. the unions are excertifying maximum pressure right now the at worst possible time. people want to shop and unions are making both difficult. sciu expects more than a thousand marches at los angeles international airport and say the company they work for, a contractor for the airport broke the union and took away health insurance and demonstrating. and protests planned at o'hare in chicago. a new company providing custodial services there, nonunion, protests. and a strike, and another one at the port in portland. and a huge protest planned at one thousand wal-mart stores on friday. workers angry about wages and benefit and threaten to tie up wal-mart parking lots on what is a crucial shopping day and hostess, the bakers union refusing to make a deal and now the company is going to be liquidated. yes, it is,
your pick, libya, showdown between iran and israel and syria. why would the voters say this election matters more than most? go to cnn.com/caffertyfile. you can post a comment on the blog there. or you can go to our post on the "the situation room" facebook page. i guess they're all important. but the interest in this was particularly high. >> it was very intense. and obviously people out there want to know more. that's what we're going to try to give them. thanks very much, jack, for that. >> sure. >> there's also no doubt that this election clearly mattered for minorities, most of whom came out in droves for the president surprising those who predicted many would stay home. lisa sylvester's working this part of the story for us. lisa, you've got some new details as well. >> yeah, wolf, if you look at the exit poll data, what comes out clear as day is that president obama had the youth vote and the minority vote. and that's part one. but the second half of that is that voter turnout in the key swing states, african-americans either met the turnout rate of 2008 or in the case of ohio
of celebratory phone calls from world leaders like the u.k.'s david cameron and israel's benjamin netanyahu. the euphoria of re-election is quickly giving way to hard reality of governing with the foreign policy crisis bubbling from iran to syria. plus, lingering questions about the terror attack in benghazi, which will result in those three different house and senate committees, grilling administration officials next thursday. >> hopefully now that we're past the election the administration will do the right thing. coming up to the election they did notch they claim to be the most pope and transparent administration ever but they are not going the basics in sharing with congress this basic information. >> one of the three panels the house foreign affairs committee invited secretary of state hillary clinton to testify about the terror attack for the first time. >> we are very committed to working with the congress throughout the process. >> on the domestic front second term issues are as thorny, with the president pushing for bipartisan deal on immigration reform and that eluded several pre
, and overcontrolled by a centralized state that is growing like cudzu on a north georgia highway. >> israel should learn how? >> it's not enough to say you can't shoot your way to power, you've got to open up a diplomatic path. and will they open up a diplo t diplomatic path? and the question for the hamas group is will they accept israel? we don't know that. i would simply say that's now one of the half dozen fault lines out there in the middle east. you've got syria, the iranian nuclear thing, the constitutional struggle with an egypt. you potentially have jordan getting in the mix. plus you've now got the oldest of the issues, the israel israeli/palestinian issue. this is facing barack obama at a time he wants to do more in asia, deal with the fiscal cliff. welcome to your second term. >> a lot to do. richard haa ss. >> how did jerry adams do it? how did the irish terrorists as they were called before the peace deal, how did they not only enforce the peace but then turn to their own bad elements and say, step out of line, and we're going to crush you. >> one was, they couldn't shoot their way
challenges, like iran's nuclear ambitions before israel strikes. traying so stop the bloody civil war in syria, that is trying to kill people, and dealing with terrorism through deadly drone strikes. how does it make headway? cnn reporter ellise lav it and susan kelli, they're our experts on these topics. together this power team wrote a column on cnn.com security clearance blog about the president's world of challenges. great to see you guys all at once. let's tackle some of this. i want to start with you. let's talk syria. more than 32,000 have died in nearly the two years of fighting in your article you say some official advisory -- might take a muscular approach to the crisis. what does that look like? >> i think, first of all, you could see a morrow bust effort to -- >> they realize that these islamists are all the ones with the guns and the money and, therefore, they would have the power in the future of syria, so i think they maied might aid them a little bit more. i also think that there could be support for no fly zone. turkey has said that it could put patriot missile on the
. they could not celebrate this success without the leadership of steve israel, the chair. when i asked him to take this responsibility to serve our country and colleagues, i i said to all of you that he is a gold standard of a member of congress. he knows the policy. he cares about american people. that drives him to do the politics to increase our numbers to pass legislation that takes us for to improve the lives of americans. before i bring him on, i wanted to have a representative of the freshman class to speak on behalf of the class. i am very honored to welcome a fighter for the middle class, a real representative of his generation, congressman alec patrick murphy. his election is a cuase for celebration. his election sends the message to a new generation of americans that their voices will be heard at the table. congratulations, congressman a -elect, patch of mercy. -- patrick murphy. >> thank you for your leadership and for being here with us. thank you for your support. my name is patrick murphy from florida district 18. the youngest member of congress. i did defeatists someone you
their strong support for the state of israel. i wouldn't say every mailing we sent out, but just about every mailing that we sent out mentioned either obama removing jerusalem as the capital of israel from his platform and then belatedly reinserting it, or it mentioned his call for israel to return to '67 borders, or it mentioned the fact that his administration had slow-walked sanctions against iran. and those issues have real resonance among pro-israel evangelicals. >> jonathan saw hasn't is one of washington's most thoughtful journalists. he's been covering this sector for a long time, and thank you, ralph, for your comments. he is the money and politics reporter for bloomberg, and he's also the past president of the national press club. what did you see yesterday, and what does it mean for the country? >> well, in 2010 we saw all this secret money into the races, and the republicans took control of the senate and the house, and all observers said this is just going to be a foreshadowing of 2012. it wasn't. obama was able to raise as much money as romney. romney had help with some of the
.s. and the fact we're still waiting to see what wloo this truce holds between israel and hamas, all of these are factors traders are watching. natural gas is the big story in the energy complex because it fell by more than 4%. the biggest plunge in 15 weeks. traders looked at the map of the country and saw warmer temperature as head. a reason for selling pressure. back to you. >> sharon, thank you very much. let's get to this stock that just will not die. we're talking about research in motion. shares have been higher after cibc raised its rating on the company. it's the latest upgrade for this left for dead stock, which rallied over 50% in a month ahead of its new operating system launch. so, can r.i.m. still run higher? that's what we're talking about. talking numbers with these two gentlemen on the technical side, carter worth on appearen hirm, steve cortez. carter, technically speaking, you like r.i.m., don't you? >> sure. here's the thing, this company makes no money. they're projected to make no money. it's the greatest boom and bust story ever. in the last five years it's dro
in terms of mr. obama's big win last night. any reaction on the glaeobal stage? >> couple things, in israel, benjamin netanyahu congratulating barack obama on his re-election. president putin in russia saying the same thing. one thing i can tell you, the taliban, telling barack obama it's team to get out of afghanistan. so, a stern message from them. >> all right, abc's mark greenblat reporting from capitol hill, live this morning, we thank you, mark. we will extend to you or olive branch as well. >> thank you. >> good to see this kind of tone though on capitol hill. especially kidding just, how divisive it has been. it's good for america to see this. john boehner coming out today. harry reid as well. boehner said, we can't keep setting the bar that low. it is time we raise the bar. i loved what he said about we are ready to be led not as democrats or republicans, but as americans, not as a liberal or conservative, but as the president of the united states. >> that's the quote mark alluded to. you hope in light -- dual messages last night. the country overwhelmingly elected barack obama bac
to follow the latest developments out of the middle east. israel and hamas exchanging more fire. the defense forces claiming to have targeted 100 gaza sites. the u.s. secretary of state hillary clinton is on her way to the middle east for talks with officials in a bid to try to end the deadly crisis. we've been watching oil prices, as well. and after sharp gains yesterday, you can see oil prices pulling back about 27 cents, still just about $89 for wti crude. we will have a live report from our nbc colleagues on the ground in the middle east coming up in the next half hour. >>> let's talk about some of the main market events of the morning. actually today fed chairman ben bernanke's speech at the economics sclub of new york is coming up at 12:15 eastern time. traders will be listening no any comments on the central bank's operation twist program and discussions about changing how the fed communicates about interest rates. operation twist expires next month. and there is some speculation the fed will continue making asset purchases by expanding the size of its $40 billion a month quantitate o
the this administration has accepted that iran will have nuclear weapons and by the way, this is the most anti israel administration we have ever had by far. it is this oral. stuart: that is an extraordinary statement and we appreciate you being here to deliver it in no uncertain terms. colonel ralph peters, thank you very much. please come again. we love this stuff. colorado and washington legalize the recreational use of marijuana. is it time to open shop in denver or seattle and start selling grass? darrell jones runs the university in california that focuses on the industry. after the break, the dow turns positive. stuart: it has been three fall from the election the we have turned positive. 12,822. big news in china today, new leaders are taking over, a new president takes over as premier. as they do china releases new numbers showing its manufacturing sector doing better. we have groupon. the company offers discounts of local businesses but it is struggling europe. a new record low for the stock almost exactly a year ago debut did the that 29. look at zipped car, a shikar sharing service, popul
. i wouldn't call it credit for pressuring both israel and the egypt to get hamas to agree to the cease-fire. it is a very limited cease-fire. it won't last. it doesn't change the strategic environment and it clearly gave morsi the view that he would have a free hand domesticly to do what he has just done. melissa: i don't want to let you go without asking you i was struck by pictures exhuming yasser arafat questioning what he did of. what do you think of that? >> i don't think he died of polonium poisoning. only people that used that is soviets. i don't think they killed arafat. i think this is way pinning his death on somebody else. as happens in that part of the world it is not their responsibility but somebody else's. melissa: why now? >> an issue kicking around for quite some time i think circumstances led to it being this time. i don't attribute to any grander plan. i don't think it will fundamentally change the circumstance there is. melissa: ambassador, thanks for coming on. we appreciate it. lori: drop in the buckket. we know people with families more than $250,000
is around 3%. middle eastern crisis, iran and israel, whether there will be attack on iranian nuclear installations very difficult to predict. last and most importantly the u.s., not just the fiscal cliff, the debt, $16 of debt and dealing with the deficit how that will play outpost the election . a lot of people are hoping the president will focus on his legacy and will be more accommodating and seek agreement. but the initial indications have not been as positive as perhaps some thought. >> but you said as we were waiting to chat that it's not just that the president in your view needs to be more friendly towards the business community but the business community also needs to work with the president. >> i think it would be arow gant on the business community to say it is the president's fault. any relationship is two-way. i think the general atmosphere is important. if there is felt to be a lack of respect on either side in terms of what's happened it is not good. so i think improving that atmosphere post the election into the second term this is a big opportunity to re-establish or
. this cute cuddly couple live together at a petting zoo in israel. zoo keepers -- are they friends or is he using the kit ton fight off enemies or something? zoo keepers say the kitten wandered into the cage and now they refuse to be separated. the baboon carries the kitten around and cleans its fur. >> steve: it's adorable. >> alisyn: it is really adorable. there you go. >> steve: welcome back to wild kingdom. hour three now. >> brian: we have never a show without animals. we always have some type of animal on. >> steve: seems like it. >> alisyn: our signature. >> brian: time for your headlines. frightening surveillance pictures of a robber and the f.b.i this guy is called the ak 47 bandit. he struck again in idaho. he used his assault rifle and ordered employees into the safe when he made off with the the cash. he wound up other banks in california and washington. earlier this year, an officer was shot and seriously injured in one of the robberies. $70,000 reward. that seems low, to be honest -- is being offered. stop him. he's wearing jeans. >> steve: he forced an airplane to make an eme
organization by the united states because it continues to refuse to recognize israel as a state. the united states has a policy of not negotiating with terrorist organizations. that's why she's not speaking with anyone in gaza. her visit comes hours after a meeting with israeli officials that lasted late into the night. >>> let's take a look at the markets this morning. we already showed you the futures. they are down slightly. dow futures down by about 23 points. in europe this morning, you'll see that -- also, by the way, a lot happened yesterday. ben bernanke started talking, when he raised some concerns about the fiscal cliff, that once again put pressure on the markets. that's when things turned down yesterday. you'll see in europe, barely budging at this point. in france, the cac is up by about a point. the ftse is down by less than five points. in germany, the dax is up by less than three points. overnight in asia, you'll see that in japan, the nikkei was up by about .8 of a percent. the shanghai composite up by about 1%. the hang seng was up by 1.4%. oil prices also up slightly, up
're looking at oil prices that are lower. the truce is holding between israel and hamas and that's something that's perhaps putting some pressure on prices. the cease-fire holding and the fact that we are looking at some weakness here in the euro and traders continue to eye what is happening there in the eurozone over the greek debt deal. we're also watching of course the protest that erupted over a three-day period in egypt and that could lend some support to the oil price going forward. we are watching metals market which is somewhat lower here. gold prices after the significant rally on friday seem to be in this range between 17.46 and 17.55. we're looking at copper prices and there's a lot ahead for this market to watch namely what's happening in china and pmi data coming out later in the week. the big story in commodities definitely the slide that we're seeing in natural gas down about 4%. warmer temperatures ahead for the month of december. that is what's pressuring the nat gas market. back to you, david. >> now i want to resist a story we brought to you on friday and it continues. not
, as far as i can tell. it's the only thing they agree on. >> israel, not so much. >> if you were in europe, misery loves company. >> there will be nothing left, but we'll give you everything. join us. join us so we don't feel so bad about ourselves. >> did you read the op ed in the journal this morning? >> i got in at ten until. >> about givers and takers. they said this was not an election that was ultimately about givers and takers. >> it was about social issues. >> but the givers and takers thing i thought was probably the most remarkable line given that it was "the wall street journal." >> so they're backtracking off of that? >> on that piece. the republic will survive piece? >> yeah, the republic will survive piece. i have yet to start paying attention to "the wall street journal" editorial page and i'm not going to start now. >> right now, let's go to hampton pearson joining us from mitt romney's headquarters in boston. hampton, what can you tell us? >> well, becky, it is a proverbial morning after, and as we all watched the battle for the electoral college unfold last night, what wa
that immediately border syria and have an impact, and, obviously, israel, which is having already raised concerns as we do about, for example, movement of chemical weapons that might occur in such a chaotic atmosphere. and i could have an impact not just within syria, but on the region as a whole. i'm encouraged to see that the syrian opposition created an umbrella group that may have more cohesion than they've had in the past. we are going to be talking to them. my envoys are going to be traveling to various meetings that are going to be taking place with the international community and the opposition. we consider them a legitimate representative of the aspirations of the syrian people. we are not yet prepared to recognize them as some sort of government in exile, but we do think that it is a broad-based representative group. one of the questions that we're going to continue to press is to make sure that that opposition is committed to a democratic syria, an inclusive syria, a moderate syria. we have seen extremist elements put themselves into the opposition. and one of the things that we have t
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